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While production of today's Chevy Bolt EV and EUV is set to end later this year, GM CEO Mary Barra has officially confirmed that an all-new generation is on the way. While the news was first broken by Barra during the company's Q2 earnings call, Chevrolet has since shared a press release hinting at the underpinnings of the new EV.
Chevy claims that the Bolt's return will happen "on an accelerated timeline" thanks to "various Ultium and Ultifi technological advancements," which all but confirms that the new Bolt will ride on GM's Ultium all-electric architecture. Considering that battery costs for the Ultium platform are 40% lower, the affordable pricing of the current Bolt could get even more enticing for its next generation. Additionally, sources outside of GM have suggested that the next Bolt will likely arrive as a 2025 model.
The current-generation Bolt first came to market in 2016, at a time when the market for mainstream EVs was only getting started. As the EV field grew tougher in the years that followed, Bolt EV was given a refresh in 2021 that added Super Cruise, revised styling, and a larger EUV crossover variant. Chevrolet announced back in April that it would discontinue the small EV pair, in order to make room for Ultium-based electric trucks at the Orion plant where they are currently built.
Do you think launching a new Bolt is a good idea?
Image Credits: Chevrolet
Future Cars
Jul 25, 2023
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Next-Generation Chevrolet Bolt EV Confirmed With Ultium Underpinnings
It will be based on the company's newer Ultium electric architecture.
While production of today's Chevy Bolt EV and EUV is set to end later this year, GM CEO Mary Barra has officially confirmed that an all-new generation is on the way. While the news was first broken by Barra during the company's Q2 earnings call, Chevrolet has since shared a press release hinting at the underpinnings of the new EV.
Chevy claims that the Bolt's return will happen "on an accelerated timeline" thanks to "various Ultium and Ultifi technological advancements," which all but confirms that the new Bolt will ride on GM's Ultium all-electric architecture. Considering that battery costs for the Ultium platform are 40% lower, the affordable pricing of the current Bolt could get even more enticing for its next generation. Additionally, sources outside of GM have suggested that the next Bolt will likely arrive as a 2025 model.
The current-generation Bolt first came to market in 2016, at a time when the market for mainstream EVs was only getting started. As the EV field grew tougher in the years that followed, Bolt EV was given a refresh in 2021 that added Super Cruise, revised styling, and a larger EUV crossover variant. Chevrolet announced back in April that it would discontinue the small EV pair, in order to make room for Ultium-based electric trucks at the Orion plant where they are currently built.
Do you think launching a new Bolt is a good idea?
Image Credits: Chevrolet
